Centerpoint Properties Trust Leases Industrial Asset In Houston Through Stream Realty Partners
LEASED
Texas
See Similar DealsIndustrial19,221 SF
LEASED
Centerpoint Properties Trust Leases Industrial Asset In Houston Through Stream Realty Partners
2025 Turning Basin Dr, Houston, TX, 7...
See Similar DealsIndustrial19,221 SF
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:19,221 SF
Transaction Type:Lease
The Turning Basin Industrial Park in Houston, Texas, recently saw a lease transaction involving a property with a total space of 19,221 square feet. This lease agreement was signed by Atlantic Clothing at 2025 Turning Basin Drive, with Matteson Hamilton and Jeremy Lumbreras representing the landlord, CenterPoint Properties Trust.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 2025 Turning Basin Dr, Houston, TX
- Market: Houston
- Landlord's Rep: Matteson Hamilton (Stream Realty Partners)
- Landlord: Centerpoint Properties Trust
- Square Feet: 19,221
Other recent industrial leases in Houston have included Ordinary Concepts at Fairway Business Park, Green Explosion at Southport Business Park, and Boomtown Coffee also at Fairway Business Park, showcasing a thriving commercial real estate market in the area.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,101,736.12
Total Lease Value
$11,017,361.21
Net Landlord Cash Flow$1,101,736.12
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